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Search Results 0 to 14 of about 15 (some duplicates have been removed)
're with us, i'm jenna lee. jon: and i'm jon scott. new developments in the drama that grips capitol hill and the white house. dueling plans are out now on raising the limit to our nation's credit card and reducing the deficit. wendall goler, our senior foreign affairs correspondent, is live on the north lawn. wendall? >> reporter: jon, starting today house republicans will begin trying to sell their proposal to cut the deficit and raise the debt ceiling to democrats, and if they don't, democrats in the senate will then try and sell their plan to republicans. the chairman of the president's national economic council says mr. obama's address to the nation last night was a warning that democrats and republicans aren't even close. >> what the president was trying to do was let people know that we really are at a stalemate, that we have, that nothing is coming out of congress that is likely to pass be both houses and that this is a time where we as a country have to come together and have compromise and have bipartisanship. >> reporter: saturday was the last time the president and can congres
the talks by vice president biden. the majority leader represented house republicans, jon kyl for senate republicans, and that vice president. they have been talking about all lot of cuts, both to discretionary and non- discretionary spending, but there the problem is that it does not seem to add at to what they would need to meet the president's requirements to get the country through the next election. that would be somewhere in the area of $2.4 trillion increase in the debt ceiling. john boehner has made it clear that for any increase in the debt ceiling, they will not need more than a one-one increased ratio. quite frankly the democrats have not agreed to that level of cuts. it looks like they will go back today, scour potential areas of saying that they have talked about, and see how much they can agree to and go from there. agree to and go from there. host: in your article from yesterday's with the headline " boehner tells conference big deal no longer operative," you said that there were criticisms for the grand bargain. he pays -- he faced opposition from eric cantor. they presen
won't believe where. [ jon ] we don't just come up here for the view up in alaska. it's the cleanest, clearest water. we find the best, sweetest crab for red lobster we can find. yeah! [ male announcer ] hurry in to crabfest at red lobster. the only time you can savor three sweet alaskan crab entrees all under $20, like our hearty crab and roasted garlic seafood bake or snow crab and crab butter shrimp. [ jon ] i wouldn't put it on my table at home, i wouldn't bring it in. my name's jon forsythe, and i sea food differently. i wouldn't bring it in. the eagle flies at dawn. the monkey eats custard. price-line ne-go-ti-a-tor. so, you've been double crossed by other travel sites and now you want to try the real deal. yes, is it true that name your own price... ...got even easier? affirmative. we'll show you other people's winning hotel bids. so i'll know how much to bid... ...and save up to 60% i'm in i know the lady in leather travels on three wheels. wait, is that code? that's my secret weapon... ...naomi pryce see winning hotel bids now at priceline. i don't always have time to eat li
for millions of unemployed americans. >> jon huntsman is not participating in the iowa primary. he gave a pretty clear indication why at a campaign event in florida. >> if you own florida, you own the presidency. >> he also called the $14 trillion debt a cancer growing in this country that needs to be read ated and cut out. >>> the u.s. may decide to withhold millions in military aid to pakistan. this is according to a "new york times" report. the u.s. is said to be unhappy with the efforts that pakistani army has been making against the taliban as well as al qaeda. as well as $800 million in assistance could be suspended. this could cause some major problems. if pakistan takes tougher action, the aid could resume. mean while, defense secretary leon panetta is in afghanistan. panetta is meeting with american military leaders and afghan officials. nbc's atia abawi is in kabul this morning. bring us up to speed on what leon panetta is saying that al qaeda is basically on the run and close to being completely stamped out. >> reporter: good morning, thomas. the new secretary of defense's fi
seafood bake or snow crab and crab butter shrimp. [ jon ] i wouldn't put it on my table at home, i wouldn't bring it in. my name's jon forsythe, and i sea food differently. >>> in norway police began releasing the name of victims killed in the attack. the lawyer said his cloint was a little bit surprised he was able to carry off the bombing and shooting rampage that killed 76 people last friday. he also says he thinks his client is insane. >> this whole case indicates he's insane. he's in a war, says the rest of the world, especially the western world, don't understand his point of view but in 60 year's time we all will understand. >> the lawyer says it's too early to say if breivik will plead insanity. breivik's father speaking out saying he would have been better off if he killed himself. the father says he feels incredible grief or despair over what happened. he says he'll never have any contact with his son again. >>> it just may be the most egregious example to date of widespread corruption in average american taxpayer money, hundreds of millions of dollars ending up in the hands of
and roasted garlic seafood bake or snow crab and crab butter shrimp. [ jon ] i wouldn't put it on my table at home i wouldn't bring it in. my name's jon forsythe, and i sea food differently. hello parents, it's going to be a big school year. your kids are going to climb rope. they're going to have a year long tug war with the ceiling. and by the time they get out of 8th grade, they're going to do it with sweat on their brow and achievement in their hearts. so, this is what they're gonna need: running shoes, t-shirts, tube socks, fruit cups, cheese sticks, energy bars, rope climbing gloves, rope burn ointment and a jump drive. not sure what that is, but they're gonna be jumpin'. school takes a lot. target has it all. n [ female announcer ] where will you be when you have to change your pad? now with stayfree you don't have to worry.cc1: inspired by athletic wear only stayfree has thermocontrol to wick away moisture. so you're dry and comfortable up to 8 hours. stayfree. 00 years? aside from laser guns and time travel, the first plas
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'm the senate republican whip jon kyl of arizona. by now, but americans the lawmakers are engaged in a difficult debate about the debt ceiling, the legal limit to the amount of money the federal government can borrow. the debt ceiling is currently set at a little more than $14 trillion and if the congress and the president don't reach an agreement to raise it by tuesday, the treasury secretary tells us america will no longer be able to pay its bills. the consequences of missing this deadline could be severe. it is precisely because of washington barrault's so much money, more than 40 cents out of every dollar spent. spending would have to shrink by 40% quickly. what is more, markets would likely respond, dropping in value and hurting their retirement savings of millions of americans. republicans have tried to work with democrats to avoid this result and put our country on a better path, but we need them to work with us. we start from the understanding that the reason the debt ceiling is a problem is because of runaway washington spending. republicans have been united in the belief that raising t
tension. host: jon hilsenrath, thank you so much for your time this morning. that is it for today. the house is about to come into session. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2011] signed, john boehner, speaker of the house of representatives. the speaker pro tempore: pursuant to the order of the house of january 5, 2011, the chair will now recognize members from lists submitted by the majority and minority leaders for morning hour debate. the chair will alternate recognition between the parties with each party limited to one hour and each member other than the majority and minority leaders and the minority whip limited to five minutes each, but in no event shall debate continue beyond 11:50 a.m. the chair at this time recognizes the gentleman from oregon, mr. defazio, for five minutes. mr. defazio: well, this week we've just disproven two items of republican orthodoxy and that is corporations don't pay taxes, only individuals pay taxes. and tax cuts create jobs. what am i talking about? well, last friday the
on a diet. i'm going to add calories to my excluded food intake." unquote. that was jon stewart. he hit the nail on the head. for sure it's easy to make fun but what the president is trying to do with tax expenditures is no laughing matter. liberals talk about tax expenditures as though they were just getting rid of wasteful spending. first, as a legal matter, tax expenditures are not spending. outlays are checks cut from the treasury department are defined as spending under the congressional budget act. that's what spending is. yet, most tax expenditures only lose revenue and do not include an outlay portion. tax expenditures that only lose revenue contain no spending as defined by the congressional budget act and is scored by the official scorekeepers for congress. the joint committee on taxation and the congressional budget office. and second, as a policy matter twhe comes to tax -- when it comes to tax expenditures, one person's loophole is another person's opportunity to save for college and retirement, finance a home and ties to your -- taoeugts -- tithes to your church. reducing
Search Results 0 to 14 of about 15 (some duplicates have been removed)

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